Commercial property, in a no load shedding zone, no transfer duties Lucrative...

Property Details

This property has a massive benefit, base on the fact that its on the line of no loadshedding. A second benefit is the current lucrative rental income of 4 tenants, providing a rental income of R 78 300.00 As from July the rent will increase to R 84 300.00 providing a yield of 13% A further benefit is that you will buy it as a going concern, meaning no transfer duties. You are buying a stand of 2840 sqm and the floor size is 1796 sqm. City Council earmarked Rosslyn for a massive development. Tshwane Auto City is a R50 billion development in Rosslyn. It consists of establishing an assembly plant in Rosslyn with the leading car manufacturers in the world, all situated in this node.